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VIDEO: Deadline for Swiss banks' transparency

2013-12-09 11:58:37| BBC News | Business | UK Edition

Switzerland's private banks must declare on Monday whether they will sign up to a US transparency agreement aimed at ending tax evasion. Imogen Foulkes reports.

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Chinese Banks Warned About Bitcoins

2013-12-07 01:52:08| TechNewsWorld

China's central bank said Thursday that the nation's banks and payment systems were prohibited from handling Bitcoins. Bitcoins are "virtual goods" and have no legal weight, the banking body said. Individuals can still toy with them at their own risk, but financial institutions and payment systems can't touch -- no selling, no trading and no storing of Bitcoins.

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China Bans Banks From Using Bitcoin

2013-12-05 22:34:16| PC Magazine Software Product Guide

China has banned its banks from using Bitcoin as currency in an effort to prevent money laundering and maintain financial stability.

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China bans banks from trading in bitcoin

2013-12-05 14:21:40| InfoWorld: Top News

The price of bitcoins may be soaring, but China isn't too thrilled with the virtual currency. On Thursday, the nation moved to regulate use of bitcoins, stating that its financial institutions could not deal in the virtual currency.

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VIDEO: Banks fined $2.3bn over rate rigging

2013-12-05 04:56:27| BBC News | Business | UK Edition

Some of the world's best known banks are fined after being found to have colluded to rig two global interest rate benchmarks.

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